Ibn Zahr to build metathesis unit in Saudi Arabia

26 April 2006 02:47  [Source: ICIS news]

SHANGHAI (ICIS news)--Saudi European Petrochemical Co (Ibn Zahr), an affiliate of  Saudi major Sabic, plans to build a metathesis unit that would produce 150,000 tonne/year of propylene, a company source said on Tuesday.

The proposed unit at Al-Jubail, Saudi Arabia, is to be based on ABB Lummus’ technology, he added.

The output would feed the company’s 500,000 tonne/year polypropylene (PP) project at the same site, he said. The PP plant’s remaining propylene feedstock will be sourced from a cracker project at Eastern Petrochemical Co (Sharq), he added.

Both projects are scheduled to come on stream in mid-2008, the source said.

The PP project will be based on Dow Chemical’s technology. Aker Kvaerner was awarded a project management and basic engineering services contract for the project last year.

Ibn Zahr’s existing plant at Al-Jubail can produce 640,000 tonne/year of PP.

Sabic has an 80% stake in Ibn Zahr while Saudi investment company Apicorp and Ecofuel SpA, a unit of Italy's Agip, each have a 10% share.

By: Florence Tan
+65 6780 4359

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